Hudbay Minerals initiated with a Buy at Desjardins

Unlock stock picks and a broker-level newsfeed that powers Wall Street.

TipRanks

Sat, Apr 5, 2025, 7:20 AM 1 min read

Desjardins analyst Bryce Adams initiated coverage of Hudbay Minerals (HBM) with a Buy rating and C$16 price target The firm, which is initiating coverage of several Canadian-listed copper companies, has a positive long-term outlook for copper pricing as it views the metal as a key input for global decarbonization efforts, data center demand and EV use.

Don't Miss Our End of Quarter Offers:

Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks.
Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on HBM:

Disclaimer & Disclosure Report an Issue